South China Morning Post
AsiaPac · 4 hrs ago
✦ 78◉ Centre
EU’s 6 biggest economies agree on capital markets supervision
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Quality 78/100
Partisan intensity 25/100
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◉ Centre ✓ Fair headline
Finance ministers from the EU's six largest economies have agreed on a common position regarding the European Commission's proposal for unified capital markets supervision at the EU level, aimed at enhancing the bloc's competitiveness amid economic challenges and competition from the US and China.
EU’s 6 biggest economies agree on capital markets supervision
Finance ministers from the EU’s six biggest economies (E6) have agreed a common position on a European Commission proposal for joint capital markets supervision, Germany’s finance ministry said on Friday.
The push for financial market players to be supervised at a European Union rather than national level is part of a bid to boost the bloc’s competitiveness as it struggles with weak growth and fierce competition from the United States and China.
Supervision of significant market...
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